Prime Commercial Land
For Sale
$395,000
4200 Victory Dr, Columbus, GA 31903
1.67-acre portfolio with retail space and development potential.
Property Size2,505 SF
Lot Size1.67 Acres
Price / SF$157.68
Days on Market465
Property Features for 4200 Victory Dr
General Information
Standard status
Active
Size
2,505 SF
Lot size
1.67 Acres
Listing Agency:
G2 Commercial Real Estate
(706) 580-0614
Listed By:
Jack Hayes · License #336627
(706) 580-0614
Source:
Exprealty
Added: Apr 28, 2025
Changed: Jul 6
Last Checked: Jul 31 at 6:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of G2 Commercial Real Estate
Investment Insights
Based on property information with market context.
This portfolio comprises 10 contiguous parcels, totaling approximately 1.67 acres. One parcel includes a fully leased 2,505 square foot retail space. The tenant provides a reliable income stream, currently paying $2,400 per month, with no landlord maintenance responsibilities. The remaining nine parcels consist of undeveloped land suitable for future commercial development. Eight parcels are zoned Neighborhood Commercial (NC), which allows for various commercial uses, including retail, office, and mixed-use development. The remaining two parcels are zoned Single-Family Residential (SFR), currently limited to residential use but potentially offering future redevelopment or rezoning opportunities. The location on a high-visibility road benefits from an average daily traffic count of over 28,000, providing strong exposure and accessibility. Parcels included in the sale are 062 053 001, 062 053 022, 062 053 020, 062 053 003, 062 053 004, 062 053 005, 062 053 006, 062 053 017, 062 053 018, and 062 053 019.
Key Highlights
- 1.67 acres of contiguous parcels with significant commercial development potential.
- High‑visibility location with over 28,000 average daily traffic count.
- Existing income‑producing retail space generating $2,400 per month with no landlord maintenance.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.7k | $18.24 |
| − Vacancy | −$2.1k | −$0.84 |
| EGI | $43.6k | $17.40 |
| − OpEx | −$13.1k | −$5.22 |
| NOI | $30.5k | $12.18 |
2,505 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$435.9K
$381.4K – $508.6K
NOI $30,513 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.5K
$490.4K – $653.9K
NOI $39,235 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 22%
Hotels & Casinos 4%
Raceway
Shops & Services
25,673 visits/mo
0.2 miles
Waffle House
Dining
6,903 visits/mo
0.3 miles
U-Haul
Shops & Services
1,816 visits/mo
0.3 miles
Krispy Krunchy Chicken
Dining
1,331 visits/mo
0.5 miles
Econo Lodge Inn & Suites at Fort Moore
Hotels & Casinos
1,325 visits/mo
0.2 miles
Demographics for 31903, GA
20,703
Population
9,593
Households
2.2
Avg Household Size
34
Median Age
8%
College-Educated
76%
High-School Grad
10.0 sq mi
ZIP Area
2,070
Density / Sq Mi
$29,488
Median Household Income
$27,063
Median Earnings
$873
Median Rent
$75,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 1.67-acre portfolio with retail space and development potential.
Where is this retail space located?
The property is located at 4200 Victory Dr Columbus, GA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1.67 acres of contiguous parcels with significant commercial development potential.; High‑visibility location with over 28,000 average daily traffic count.; Existing income‑producing retail space generating $2,400 per month with no landlord maintenance.
